A couple of old chestnuts go to contract

Both have been discussed here before on the occasion of their various price cuts, but the combination of a more reasonable price and the current buying frenzy seems to have finally worked.

11 Mohawk Lane, marked down to $2.550 million from its 2017 start of $5.750, has found a buyer.

And mirabile dictu, 47 Alpine Road, purchased for $7.2 in 2005 and on the market since 2016, when it began at $8.995, dropped — slowly — to $5.999, and has entered into contract.

Did the Listing agent’s ridiculous claim that a buyer would achieve “instant equity” because this property was priced $3 million below its town-appraised value actually induce someone to step up? We were skeptical back in December, but as P.T. Barnum and Dr. Fauci proved, there’s always a “someone”.